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Top Insider Trades 9/10/12: CALX, COF, CVO, PSEC

|Includes:Calix, Inc. (CALX), COF, CVO, PSEC

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In a victory for common sense, the trading behavior of company executives, directors, and large shareholders in the stocks of firms they're registered "insiders" at have been proven profitable to monitor by both academic studies and (more importantly) the experience of professional investors.

Below are lists of the top 10 mainly open-market insider purchases and sales filed at the Securities and Exchange Commission Monday, September 10, 2012 as ranked by dollar value.

Please note, however, that these are factual lists (with edits to remove some noise), not buy and sell recommendations. Dollar value is only one metric to assess the importance of an insider transaction, and, frankly, often not even the most important metric that determines if an insider transaction is significant.

We should also point out that we are presently in a slow filing time for insiders because many companies still have their trading windows closed to their executives until their June quarter earnings are released.

But at InsiderInsights.com, we find new investment ideas just about every day using these and more intricate insider screens to determine where we should focus our subsequent fundamental and technical analysis. And while stocks don't (or shouldn't) move up or down based on insider activity alone, insiders tend to be good indicators of when real stock-moving events like earnings surprises, corporate actions, and new products may be in the offing.

So use these regular blog posts as the initial research tools they are meant to be, and click the links in the tables to analyze a company's or insider's full insider history. Also feel free to email support@insiderinsights.com with any questions on our proprietary insider data, and how it is best analyzed.

 

 

Insider Purchases
FILER NAME INSIDER TITLES COMPANY NAME TICKER TRANS
TYPE
DOLLAR VALUE
Ashby Michael VP,CFO,DIR Calix CALX B $278,500
Oswald Brian H CFO,CCO,SEC Prospect Capital PSEC B $274,721
SPH Group BO Dgt DGTC B $228,849
Frost Phillip MD et al CEO,CB,BO Opko Health OPK B $224,098
Christianson Tony DIR Dolan DM B $192,535
Burton Robert G Sr CB,CEO,DIR Cenveo CVO B $190,570
Berg Jeffrey Alan CEO,DIR,BO Ntn Buzztime NTN JB* $188,816
Guba Thomas K DIR Armour Res Reit ARR B $151,198
Sagard Capital BO Hudson Global HSON B $130,500
Wedbush Morgan BO Jamba JMBA B $87,387

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes

 

 

Insider Sales
FILER NAME INSIDER TITLES COMPANY NAME TICKER TRANS
TYPE
DOLLAR VALUE
Ing Groep Nv DIR Capital One Financial COF JS* $2,984,954,624
Saunders Joseph W CB,CEO,DIR Visa V AS $34,269,796
Page Lawrence CEO,DIR,BO Google GOOG AS $19,544,264
Spo Advisory BO Oasis Petroleum OAS S $9,261,000
Stull Steven T DIR Fleetcor Technologies FLT S $6,627,065
Wilber Rick DIR Ultimate Software ULTI S $5,197,101
Bailey Gregory DIR Medivation MDVN S $3,263,835
Mac Mahon Thomas P DIR Laboratory Corp LH S $3,141,044
Linde Douglas T PR,DIR Boston Properties BXP S $2,899,765
Pettit Cd Baer O MSCI MSCI S $2,646,024

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes

Stocks: CALX, COF, CVO, PSEC